The Onsite Rental Group is Australia’s second largest diversified specialist equipment rental business. Onsite’s national footprint is concentrated in Australia’s major metropolitan and key mining areas and demonstrates its ability to deliver superior technical solutions across an extensive range of industries and geographies.The Group is strategically positioned as the #2 equipment rental company in Australia.

In July 2007, Next Capital acquired Onsite Industrial Rentals Australia Pty Ltd (OSIRA) and Onsite Australia Pty Ltd (OSA), two independently owned businesses. They were subsequently merged
Since the acquisition, the business:

  • Integrated and upgraded branch networks, IT systems and back office functions extracting
    material financial synergies under a group structure
  • completed a rebranding exercise
  • invested a significant amount of capital to fund growth opportunities, including the establishment of greenfield branches and product extensions such as fencing, generators and compressor
  • acquired WASP in 2009, a specialist in the hire of diesel generators based in Brisbane
  • acquired Statewide Equipment Hire (SWEH) in 2010, a Western Australia based hire company.
    The acquisition of SWEH was highly complementary to the existing Onsite business from a
    product, consumer and geographic preserve perspective; and
  • developed a strong partner relationship with Hirepool to facilitate synergies around
    capital procurement and implementation of best practice models between the companies

Investment highlights include:

  • best practice OHS&E systems and processes and a strong safety culture
  • geographic, product and customer diversification providing a balanced portfolio with exposure to
    mining, energy, infrastructure and construction markets
  • strong brand name with long-standing customer relationships
  • a modern, well maintained fleet
  • product expansion opportunities through existing distribution network
  • geographic expansion opportunities in most states of Australia
  • platform to execute further acquisitions
  • experienced, high quality management team